Teamsters Local 97 Benefits Fund

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 222004832 ✦ Clark, NJ ✦ Designated as a 501(c)(9)

Overview

What is Teamsters Local 97 Benefits Fund?

Teamsters Local 97 Benefits Fund is a nonprofit organization headquartered at 136 Central Avenue 1st Floor, Clark, New Jersey, 07066. Their primary mission is to extend health and welfare benefits to the participating members. The organization focuses on this essential aspect, as stated in their description, "to provide health and welfare benefits to participants." With a workforce of five employees, they dedicate their efforts to enhancing the well-being and quality of life for those who are part of their fund.


Is Teamsters Local 97 Benefits Fund legitimate?

Teamsters Local 97 Benefits Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Teamsters Local 97 Benefits Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $123,202
Professional Fundraising Fees: $0
Other Salaries and Wages: $206,004

For more financial information, click here


What is the mission statement of Teamsters Local 97 Benefits Fund?
Who is the CEO of Teamsters Local 97 Benefits Fund?
What is the revenue of Teamsters Local 97 Benefits Fund?
Who are the executives of Teamsters Local 97 Benefits Fund and what are their salaries?
Where can I find the form 990 for Teamsters Local 97 Benefits Fund?

Mission Statement of Teamsters Local 97 Benefits Fund

Teamsters Local 97 Benefits Fund is a mission-driven organization with a focus on extending health and welfare benefits to its participants. Established with the purpose of making a difference in people's lives, the Fund is dedicated to providing essential services that contribute significantly to the wellbeing of its members.

In the heart of its operations, Teamsters Local 97 Benefits Fund prioritizes the health and welfare of those it serves. By offering a comprehensive range of benefits, the organization strives to improve the quality of life for its participants and ensure their overall wellbeing. The core belief that every individual deserves access to essential services drives the Fund to go above and beyond in delivering on its promise.

The Teamsters Local 97 Benefits Fund is more than just a provider of health and welfare benefits. It is an essential safety net for its participants, offering support and assistance when they need it most. Through its commitment to providing these vital services, the Fund plays a crucial role in empowering its members to live their best lives and overcome life's challenges. With a strong focus on improving health outcomes and promoting overall wellbeing, Teamsters Local 97 Benefits Fund continues to make a positive impact on the lives of those it serves.

Impact

This information is meant to be a general summary of Teamsters Local 97 Benefits Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Teamsters Local 97 Benefits Fund plays a crucial role in providing health and welfare benefits to its participants in Clark, NJ. By offering these essential benefits, the Fund positively impacts the lives of its members by ensuring access to healthcare services and financial security. Its mission to provide these key benefits directly enhances the overall well-being of the individuals it serves.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $46,015
  • Program Service Revenue: $17,631,643
  • Gross Receipts: $17,892,237

    • Assets and Liabilities:
  • Total Assets: $3,993,876
  • Total Liabilities: $178,799
  • Net Assets: $3,815,077
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    EMPLOYERS' CONTRIBUTIONS

    Revenue

    $17,609,249

    COBRA CONTRIBUTIONS

    Revenue

    $22,394

    Organization Details

    Founding Year

    1972

    Principal Officer

    Maria Perez

    Main Address

    136 CENTRAL AVENUE 1ST FLOOR, CLARK, NJ, 07066

    NTEE Category

    Code: Y40 - Mutual benefit

    If you are a representative of Teamsters Local 97 Benefits Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.